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Ukraine War: How Wagner mercenary group backfired against Russia
Anti-Putin forces launch armed campaign against Kremlin Sopuruchi Onwuka, with agency reports A coalition of aggrieved Russian militias are forging common front with the discredited Putin backed Wagner mercenary group to topple the government. Several reports surveyed by The Oracle…
Alaba demolition: Gov Otti lands in Lagos House
Sopuruchi Onwuka The silence of Southeast leaders over the suspected vengeful attrition of Igbo owned businesses in Lagos is not total after all as the newly elected Labour Party governor of Abia State, Dr Alex Otti, stormed Lagos yesterday to…
Al JabervisitsM-KOPA, identifies SMEs as climate factors
Sopuruchi Onwuka President designate for the 28th meeting of the Conference of Parties (COP28) of the United Nations Convention on Climate Change (UNCCC), Dr. Sultan Ahmed Al Jaber, has declared that small and medium scale enterprises form credible mediums for…
NLNG renews partners with Rivers govt on healthcare, infrastructural devpt
Nigeria LNG Limited (NLNG) and the Rivers State Government have renewed their commitment to developing healthcare and infrastructure in the State. During a courtesy visit to the Executive Governor of Rivers State, Sir Siminalayi Fubara, NLNG’s Executive Management, Dr. Philip…
Oil demand to slow by 2028 __IEA
New medium-term report by the International Energy Association (IEA) sees oil use for transport going into decline after 2026, but overall consumption is expected to be supported by strong petrochemicals demand. Growth in the world’s demand for oil is set…
Morgan Stanley bursts excitement on Nigerian bonds
Morgan Stanley has dropped its bullish call on Nigeria’s bonds, just as investors were cheering the newly elected president’s overhaul of Africa’s biggest economy, according to Bloomberg. In a note titled “No Longer Pumped,” strategist Neville Mandimika said the bonds…
Scientists see EV battery solution in crustacean shells
Sopuruchi Onwuka, with agency reports Researchers at the University of Maryland in the United States are looking to significantly displace the use of lithium-ion and its environmental impacts in the automobile industry with introducing chitinous zinc for production efficient batteries….
NMDPRA warns oil importers of off-spec products as market liberalizes
Sopuruchi Onwuka The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has warned players in the domestic petroleum market to ensure that the products sold in the local market meet the specifications for vehicles used in the country. Authority Chief…
FG needs $96bn income, $60bn reserves for economic recovery
Sopuruchi Onwuka The new administration if President Bola Tinubu must look beyond oil income to revive the country’s economy which was driven downhill by the past administration of former President Muhammadu Buhari. President Tinubu who has inherited huge official debts…
Deregulation: WIEN endorses market reforms, mobilizes female investors
Aniekan Imeabasi Nigerian female investors and professional s in the energy sector, Women in Energy Network (WIEN), has urged the people to accept the ongoing reforms enunciated by President Bola Ahmed Tinubu’s administration of the federal government as the only…
